Close Menu
  • Home
  • Education
  • Health
  • National News
  • Politics
  • Relationship & Wellness
  • World News
What's Hot

NEET leak row puts NDA families in spotlight as daughters back protest

July 27, 2026

3 quirky gadgets that saved my work trip to London, and why you might need them

July 27, 2026

'Get down, get down': Seattle food festival shooting caught on livestream; 2 killed, 5 injured

July 27, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube
Global News Bulletin
SUBSCRIBE
  • Home
  • Education
  • Health
  • National News
  • Politics
  • Relationship & Wellness
  • World News
Global News Bulletin
Home»Business»Spirit airline makes final landing: American budget-friendly flight halts operations – The Times of India
Business

Spirit airline makes final landing: American budget-friendly flight halts operations – The Times of India

editorialBy editorialMay 2, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Spirit airline makes final landing: American budget-friendly flight halts operations – The Times of India
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link
Spirit airline makes final landing: American budget-friendly flight halts operations

Spirit Airlines, one of America’s most recognisable low-cost carriers, is ending its journey after more than three decades in the skies, announcing an immediate shutdown. Speaking on Saturday, the airline said that it had begun “an orderly wind-down of our operations, effective immediately,” closing the chapter on a 34-year run that transformed budget travel with heavily discounted fares, bold marketing and bright yellow planes. Once operating hundreds of flights each day, the company employed about 17,000 people. All services have now stopped, with Spirit confirming that every flight has been cancelled and customer support has ceased operations. “We are proud of the impact of our ultra-low-cost model on the industry over the last 34 years and had hoped to serve our guests for many years to come,” the airline said.Customers were informed that refunds would be issued, although the airline would not provide assistance in securing alternative travel arrangements. The closure came after hopes of federal intervention faded on Friday when no government bailout was secured for the struggling carrier.US President Donald Trump said that his administration had made Spirit a “final proposal” involving a taxpayer-backed takeover, but negotiations failed to produce a deal.The prospect of government support had emerged after Spirit returned to bankruptcy court for the second time in less than two years, amid soaring jet fuel prices linked to the Iran war.The airline had been under mounting financial strain since the Covid-19 pandemic, grappling with higher operating expenses and expanding debt. By its November 2024 Chapter 11 filing, Spirit had accumulated losses exceeding $2.5 billion since 2020.Its financial condition worsened further by August 2025, when bankruptcy filings showed $8.1 billion in liabilities against $8.6 billion in assets.Unions representing Spirit’s workforce, including pilots, flight attendants and ramp staff, had pushed for a rescue, warning that the airline’s collapse would eliminate thousands of jobs while reducing competition and pushing fares higher for travellers.Spirit lawyer Marshall Huebner said around 17,000 jobs could be affected.The airline’s exit is expected to be particularly significant for cost-conscious travellers and holidaymakers, especially in destinations where Spirit maintained a major presence, including Las Vegas, Fort Lauderdale and Orlando.Its shrinking footprint had already become evident. In February, Spirit flew around 1.7 million domestic passengers, nearly 500,000 fewer than a year earlier, according to Cirium. Seat availability has also been cut dramatically, with capacity this month standing at roughly half of what it was in May 2024.

Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWhat to watch on OTT: The House of the Spirits, Glory
Next Article Can conviction rely solely on dying declaration? Supreme Court answers, acquits woman’s father-in-law 25 years on
editorial
  • Website

Related Posts

NEET leak row puts NDA families in spotlight as daughters back protest

July 27, 2026

'Get down, get down': Seattle food festival shooting caught on livestream; 2 killed, 5 injured

July 27, 2026

Rupee jumps 28 paise against US dollar as crude price drops to $92 per barrel

July 27, 2026

BCB, BCCI working on September window, subject to government nod; Afghanistan T20Is may be postponed

July 27, 2026

Top stocks to buy: Stock recommendations for July 27, 2026 week – check list

July 27, 2026

'Jana Nayagan' box office collections day 4: Thalapathy Vijay and Pooja Hegde's film crosses Rs 100 Cr Net; worldwide gross reaches Rs 217.48 Cr

July 27, 2026
Add A Comment
Leave A Reply Cancel Reply

Economy News

NEET leak row puts NDA families in spotlight as daughters back protest

By editorialJuly 27, 2026

Daughters of two politicians publicly broke ranks over the NEET protest demonstrations. BJP MP Aparajita…

3 quirky gadgets that saved my work trip to London, and why you might need them

July 27, 2026

'Get down, get down': Seattle food festival shooting caught on livestream; 2 killed, 5 injured

July 27, 2026
Top Trending

NEET leak row puts NDA families in spotlight as daughters back protest

By editorialJuly 27, 2026

Daughters of two politicians publicly broke ranks over the NEET protest demonstrations.…

3 quirky gadgets that saved my work trip to London, and why you might need them

By editorialJuly 27, 2026

For the past few days, London was my temporary refuge as I…

'Get down, get down': Seattle food festival shooting caught on livestream; 2 killed, 5 injured

By editorialJuly 27, 2026

Two people were killed and five others were injured after a shooting…

Subscribe to News

Get the latest sports news from NewsSite about world, sports and politics.

Facebook X (Twitter) Instagram YouTube

News

  • Education
  • Health
  • National News
  • Relationship & Wellness
  • World News
  • Politics

Company

  • Information
  • Advertising
  • Classified Ads
  • Contact Info
  • Do Not Sell Data
  • GDPR Policy
  • Media Kits

Services

  • Subscriptions
  • Customer Support
  • Bulk Packages
  • Newsletters
  • Sponsored News
  • Work With Us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© Copyright Global News Bulletin.
  • Privacy Policy
  • Terms
  • Accessibility
  • Website Developed by Plenary Media Solution

Type above and press Enter to search. Press Esc to cancel.